216 Castleridge DrGlasgowKY42141
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Glasgow at 216 Castleridge Dr, Glasgow, KY, 42141 with 5% annual appreciation on a $279,900 basis while $1,830/mo rent supports operations. Total monthly income totals $1,830/mo and a $1,370/mo payment preserves $126/mo for cash returns. Annual cash flow comes to $1,517/yr on $92,787 deployed, and return on cash invested reaches 21.54% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 7.85%. Five-year ROI measures 111.5% and total cumulative return in cash totals $103,453.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,830/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1989
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42141, Glasgow, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,741 (100%) |
| Owner Occupied HU | 8,662 (58.8%) |
| Renter Occupied HU | 4,542 (30.8%) |
| Vacant Housing Units | 1,537 (10.4%) |
| Median Home Value | $183,689 |
| Average Home Value | $226,792 |
Housing Distribution
Address Breakdown
Residential
13,986
Single Family
13,798
Multi-Family
188
Businesses
1,035
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